Greg Garrison Email & Phone Number

Philadelphia, Pa, Us

Munich, De

Evaluated equipment, set residual values, prepared white papers and established collateral curves for Asset Management to support sales for the Industrial Group.• Joined group when it was reorganized to include industrial vendor business. Immediately provided equipment, market and operations experience to the group during the start up.• Designed and implemented a standardized equipment reporting format for residual and collateral values as well as portfolio review.• Assumed responsibility for a troubled legacy portfolio, identified the issues, ands successfully disposed of the inventoried equipment without incurring significant losses. Process was later audited and passed successfully.• Managed the evaluation and review of major portfolio purchases totaling $40M to date.• Currently directing a major collaboration effort with another Siemens business unit which could have major implications consistent with Siemens Vision 2020. • Supported the Healthcare Group with market and portfolio analysis.

Eindhoven, Netherlands, Nl

Managed staff of eight whose responsibilities included equipment evaluations, lease end processing, equipment return, inspection and remarketing, and repossessions for a $1B portfolio. A voting member of the local credit committee. • Consistently exceeded budget expectations. In 2008, returned 135% of budget with a total net profit of $10MM.• Tracked and controlled off-lease inventory located at numerous locations. Negotiated favorable agreements with equipment dealers and wholesalers which reduced overall expenses and improved efficiency. Group remarketed over 2,000 units in 2010, $9MM in assets sold.• Proposed and successfully implemented an on-line remarketing site for returned equipment. The site has now evolved in the third generation to a company wide global platform for the remarketing of all leased assets.• Successfully guided asset management through 2009-2010 recession, meeting budget expectations while maintaining acceptable and consistent inventory levels. Considered the “Subject Matter Expert” for the material handling group. Member of new business development committee for planning and implementation of new programs. Played a key role in securing the MCFA program for the business unit, and handled the Manitowoc/Grove evaluations and remarketing for the group. • Consistently cited as an accomplished performer, with numerous reference to exceeding expectations with limited staffing levels. Awarded corporate “High Performer” award in 2008.

Eindhoven, Netherlands, Nl

Evaluated equipment, set residual values and established residual matrices for Asset Management to support $200MM sales volume for the Material Handling and Construction group.• Joined group during early stages of business development. Brought expertise in material handling secondary market and extensive dealer sales experience during early stages and established procedures and reporting forms that have provided consistency and efficiency. This has enabled Asset Management to exceed expectations during this rapid growth period while the business and the sales force doubled yearly during the early stages. • Designed and implemented a standardized equipment matrix format that has proven comprehensive and versatile enough to be used by the sales department to facilitate quoting for over 20 manufactures of material handling and construction equipment, and was the predecessor of a web based on-line quote tool currently under development.• Championed the need for application surveys to be completed and approved for every residual lease booked by the business unit. Initial recommendations were rejected, but after a number of specific abuses were brought to the attention of the executive management team, the policy was changed and this requirement has been mandated for all operating leases that are booked. • Designed a standardized residual calculator to facilitate residual setting across business units, and for use by Asset Management for vendor presentations.• Provided training for the Inventory Remarketer, and Credit and Sales Support personnel to familiarize them with material handling and construction equipment, the industry in general, and dealer sales requirements.